Background*

Mr. Milind Naik, B. Com, M.Com, MBA has been Co-Chief Operating Officer of GTL Infrastructure Ltd., since July 21, 2011. Mr. Naik serves as Managing Director of India Wireless Technology Ltd. He serves as Vice President of Sales & Recruiting of Compunnel Software Group, Inc. He served as Managing Director of Global Towers Ltd. from April 1, 2008 to July 20, 2011. He has played a pivotal role in terms of reviving Global Towers Ltd. from a loss making Company into a profit ... making one. He was involved in setting up world- class manufacturing facility at the Pune Plant and also in starting processes and systems to ensure high quality production on a continuous basis thus helping Global Towers to grow and establish itself as a serious player in the domestic as well as international market. Amongst other things, he has significantly contributed in taking financial stability in Global Towers Ltd. He is instrumental in voluntarily implementing best Corporate Governance practices in Global Towers. Further, he works on introducing a unique technology known as the 'Pile-screw Foundation Technology' for the very first time in India, with respect to the foundation for Steel Structures. He served as Senior Vice President at GTL Ltd. He has 23 years of experience. Mr. Naik served as Vice President of Finance of GTL Limited. He served for Global Wireless Technology as Financial Controller for 2 years and 5 months. He has been Director of India Wireless Technology Ltd since April 1, 2005. He has been a Whole-Time Director of GTL Infrastructure Ltd. since July 21, 2011. He serves as a Director at Global Towers Ltd. He has been nominated for the 'Entrepreneur of the Year' - Award, for 2009-2010 by Ernst and Young for his outstanding contribution to the Telecom Industry. Mr. Naik holds B.Com., Dip. in Export Mgmt., Dip. in Bus. Admin., M. Com and MBA.

COMPETITOR COMPENSATION

Managing Director, Group Chief Executive Officer, President, Executive Director, Managing Director of Tata Communications International Pte Ltd, President of Data & Mobility Services, President of International Business Group, President of Tata Communications International Pte Ltd, Director of VSNL International Pte Ltd and Executive Director of VSNLTata Communications Limited

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